Teachers' Co-operative Bank

Service Charges

Notice

Revised charges with effect from 06.08.2021

A - Stationery Charges - For Applications

#	Particulars	Amount Rs.
1	'A' Class Membership Application	0.00
2	Surety Loan Application	150.00
3	Emergency Loan Application	100.00
4	Vehicle Loan Application	200.00
5	Jewel Loan Application	50.00
6	Housing Loan Application	300.00
7	Nominal Membership Application ( 'B' Class)	50.00
8	Nominal Member Surety Loan Application	100.00
9	Nominal member Emergency Loan Application	100.00
10	Mortgage Loan Application	300.00
11	To Change of Nomination	25.00
12	“C” Class Membership Application.	100.00
13	“D” Class Membership Application.	100.00
14	“E” Class Membership Application.	100.00

A - Stationery Charges - For issue of Duplicate Pass Book/Identity Card

#	Particulars	Amount Rs.
1	Savings Bank	100.00
2	Recurring Deposit	100.00
3	Loan Pass Book	100.00
4	Membership Identity Card (duplicate)	100.00

A - Stationery Charges - For Ledger Sheet/Certificate

B - Service Charges

#	Particulars	Amount Rs.
1	Surety and Emergency Loan	0.50% (with a minimum of 100.00 no ceiling)
2	N.M.S.L./N.M.E.L.	1% of the Loan Amount
3	Madhu sanchaya Loan	20.00
4	Closing of S.B. within 1 year - Without Cheque Book	100.00
5	Closing of S.B. within 1 year - With Cheque Book	200.00
6	For Current Account (maintainance charge)	100.00 once in 6 months
7	Vehicle, Housing, Jewel,Other Mortgage Loans - Members	0.50% (with a minimum of 100.00 no ceiling)
8	Vehicle, Housing, Jewel, Mortgage Loans - Others	1.25%(with a minimum of 100.00 no ceiling)
9	Appraiser Fees	0.30%

C - Postage Charges

D - D.D. Commission

E - Cheque Collection Charges

#	Cheque Amount	Commission	Postage	Total
1	Rs. 1/- to 500/-	Rs. 2/-	Rs.2/-	Rs.4/-
2	Rs. 501/- to 1000/-	Rs. 5/-	Rs.2/-	Rs.7/-
3	Rs. 1001/- to 5000/-	Rs. 10/-	Rs.2/-	Rs.12/-
4	Rs.5001/- to 10000/-	Rs. 10/-	Rs.13/-	Rs.23/-
5	Rs. 10000/- above	Rs. 1/- per 1000/-	Rs.13/-	-

H. S.B./ C/A Minimum Balance

I - Cheque Return Charges

#	Particulars	Amount Rs.
1	For Savings Bank	100.00 or 1 % of the cheque amount whichever is high with a maximum of 500.00
2	For Current & Overdrafts	100.00 or 1 % of the cheque amount whichever is high with a maximum of 500.00
3	a. If cheques given for collection returned For Savings Bank (Including NACH)	100.00
4	b. If cheques given for collection returned For Current & Overdrafts	100.00

J - Cheque Book Charges

#	Particulars	Amount Rs.
1	CTS cheque for savings Bank (First 10 leaf book free)	2.00 per leaf
2	Current Account Cheques (First 10 leaf book free)	4.00 per leaf

K. Others

#	Particulars	Amount Rs.
1	Bye-Law copy charges	150.00
2	Share fees per share (only at the time of admission)	10.00
3	Entrance fees	25.00
4	Share transfer fees	10.00 per share maximum 100.00
5	Members address list	Per page 1.00

L. Locker Rent

General Manager